Currencies

Currencies

ASEAN central banks expected to remain cautious

FILE PHOTO: A logo of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their headquarters in Manila, Philippines April 28, 2016. REUTERS/Romeo Ranoco/File Photo Central banks in Southeast Asia are expected to retain cautious, defensive stances on their domestic currencies amid the renewed strength of the US dollar, analysts said. While the ongoing technical-level talks between Iran and the United States may have lifted sentiment in the Asian currency market, they noted that US monetary policy and the "idiosyncratic risks" of each member state of...
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